SHIB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0474%/8h= −51.9% APRnext payment −$0.59 per $10,000 · paid last 24h −0.030%

Price spread now: Kraken Futures against Pacifica+0.230%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Kraken Futures is 0.230% dearer against Pacifica than usual: you sell high and buy low (spread +0.230% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kSHIB	0.000005992	0.0100	pay 0.0013% / 1h	45m 08s	$12K	$5K	10x
Short	Kraken Futures PF_SHIBUSD	0.000006006	−0.0374	pay 0.0047% / 1h	45m 08s	$1.1M	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee Kraken FuturesbpOrdersPrice spread, now +0.230%Rate

Funding earned: −$99.61
Price spread: +0.230% → 0.000%: $22.98
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$94.63
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; Kraken Futures: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 3 min ago	2.49 bp	14.7 bp −$15	25.1 bp −$251	doesn't fit	doesn't fit

Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SHIB on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SHIBUSDshort	−0.0374%	1h	0.000006006	+0.230%	$1.1M	$1.0M	50x
Coinbase International 1000SHIB-PERP-INTX	−0.0088%	1h	0.000005993	+0.017%	$132K	$1.6M	50x	as long as short
dYdX SHIB-USD	0.0000%	1h	0.000005989	−0.053%	$23K	$56K	10x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	0.000006000	+0.140%	$105K	$3.3M	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0006% / S 0.0000%	1h	0.000006003	+0.182%	$567	—	150x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	0.000006040	+0.801%	$248	$134K	5.5x	as long as short
BingX 1000SHIB-USDT	+0.0047%	8h	0.000006003	+0.184%	—	$2.3M	—	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0083%	1h	0.000006005	+0.217%	$47K	$65K	25x	as long as short
Lighter 1000SHIB	+0.0096%	1h	0.000006007	+0.250%	$156K	$640K	10x	as long as short
Hyperliquid kSHIB	+0.0100%	1h	0.000006012	+0.334%	$3.6M	$5.3M	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster 1000SHIBUSDT	+0.0100%	8h	0.000006002	+0.161%	$41K	$336K	50x	as long as short
Pacifica kSHIBlong	+0.0100%	1h	0.000005992	long leg	$12K	$5K	10x
Binance 1000SHIBUSDT	+0.0100%	8h	0.000006004	+0.200%	$30.1M	$127.6M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	0.000006004	+0.200%	$9.2M	$43.4M	50x	as long as short
Gate SHIB_USDT	+0.0100%	8h	0.000006001	+0.150%	$7.0M	$7.4M	75x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	0.000006006	+0.234%	$28.2M	$19.6M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	0.000006006	+0.234%	$4.6M	$3.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	0.000006007	+0.250%	$11.4M	$17.4M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	0.000006008	+0.267%	$23K	$8K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	0.000006005	+0.217%	$7K	$4K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	0.000006015	+0.384%	$2K	$27K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	0.000006005	+0.217%	$511	$5K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	0.000005998	+0.100%	$408K	$581K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	0.000006010	+0.300%	$2.1M	$7.6M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0101%	8h	0.000005993	+0.020%	$7K	$13	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	0.000006003	+0.190%	$53K	$4K	25x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0212% / S −0.2404%	1h	0.000006000	+0.134%	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	0.000006003	+0.184%	$873K	$929K	50x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	0.000006000	+0.126%	$1	—	20x	as long as short